$SUSHI/#BTC [#SushiSwap]: Failure_Swing◳◱ We've detected a Failure Swing pattern on the $SUSHI / $BTC chart. This pattern is a bullish indication and could indicate a potential trend reversal. The next resistance key levels are at 0.0000616 | 0.0000646 | 0.0000708 and the major support zones are respectively at 0.0000554 | 0.0000522 | 0.000046. It is a bullish indication and we may consider buying at the current price zone of 0.000062 and targetting higher levels.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.000062 ₿
▣ 24HVol: 62.582 ₿
▣ 24hChng: 5.442%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.0000616 | 0.0000646 | 0.0000708
◢ Support: 0.0000554 | 0.0000522 | 0.000046
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.61 - Bullish
▣ Reddit sentiment score is 0.58 - Bullish
▣ In-depth SUSHIBTC technical analysis on Tradingview TA page
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Sushibtclong
SushiSwap (SUSHI) formed bullish Crab for upto 17.5% pumpHi dear friends, hope you are well and welcome to the new trade setup of SushiSwap ( SUSHI ).
Previously I shared a long-term trade-setup for Sushi , which is still in play:
Now on a 4-hr time frame, SUCHI has formed big bullish Crab pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Is is SUSHI about 5x?I believe we could be seeing a pretty significant bounce for SUSHI over the next couple of weeks heading towards the end of the year.
The SUSHI/BTC pair seems to be in a falling wedge with a break out target at the top of the wedge which would put SUSHI at .00034 of a BTC. Assuming a $100k BTC that would put SUSHI at about $34.
I also don't think it's unreasonable to go back to the golden pocket or to retest the top at .00054 Regardless, I believe SUSHI has a lot to gain in the near future versus. BTC.